South Carolina Code of Regulations
Chapter 62 - STATE COMMISSION ON HIGHER EDUCATION
Article IIB - SOUTH CAROLINA NATIONAL GUARD COLLEGE ASSISTANCE PROGRAM
Section 62-262 - Funding

Universal Citation: SC Code Regs 62-262

Current through Register Vol. 48, No. 3, March 22, 2024

A. Benefits provided through the college assistance program are subject to the availability of funds appropriated by the General Assembly.

B. Funds appropriated for the college assistance program may be carried forward and expended for the same purpose. If a midyear budget reduction is imposed by the General Assembly or the State Budget and Control Board, the appropriations for the college assistance program are exempt.

C. Up to five percent of the amount appropriated to the college assistance program may be used to defray administrative costs incurred by the Commission associated with the implementation of this chapter.

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